Docusign Stock Intrinsic Value – DocuSign Beats Earnings and Revenue Expectations with Non-GAAP EPS of $0.79 and $700.42M Revenue

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DOCUSIGN ($NASDAQ:DOCU): DocuSign has had a stellar quarter, with Non-GAAP Earnings Per Share of $0.79 beating expectations by a staggering $0.16, and revenue of $700.42 million exceeding estimates by $10.3 million. This is an impressive feat for the company, which provides electronic signature technology and digital transaction management services to businesses around the world. DocuSign’s digital platform is built to improve the efficiency of digital transactions and help organizations operate faster and more securely. DocuSign’s exceptional performance this quarter has been driven by strong demand for its platform, attributable to increased digital transformation initiatives across organizations worldwide.

Additionally, the company’s product innovations and customer success program have also been instrumental in its success. With these accomplishments, the company is well-positioned to continue its growth trajectory moving forward.

Earnings

In the earning report of FY2024 Q2 as of July 31 2021, DOCUSIGN reported a total revenue of 511.84M USD, representing a 17.7% decrease compared to the same time last year. The company has seen a steady growth in total revenue over the last 3 years, reaching from a total of 511.84M USD to 687.69M USD. Despite this impressive growth, DOCUSIGN still reported a net income loss of 25.5M USD in the same quarter.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Docusign. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Docusign. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Docusign. More…

Key Ratios Snapshot

Some of the financial key ratios for Docusign are shown below. More…

Share Price

On Thursday, DocuSign reported their earnings for the first quarter of fiscal 2021. This result sent the stock up by 0.2%, with DOCUSIGN stock opening at $47.2 and closing at $47.4 compared to the previous closing price of 47.4. The strong performance of the company in the first quarter is a clear indication of their ability to overcome any challenges and deliver positive results throughout the year. Live Quote…

Analysis – Docusign Stock Intrinsic Value

At GoodWhale, we pride ourselves on being able to provide a comprehensive analysis of DOCUSIGN’s financials. Our proprietary Valuation Line has determined that the fair value of a DOCUSIGN share is around $166.0. Unfortunately, DOCUSIGN’s stock is currently trading at only $47.4, which is a discount of 71.4% compared to its fair value. This presents an excellent opportunity for investors to take advantage of an undervalued company. DocuSign_Beats_Earnings_and_Revenue_Expectations_with_Non-GAAP_EPS_of_0.79_and_700.42M_Revenue”>More…

Peers

The company has a number of competitors, including Adobe Inc, Microsoft Corp, and Monday.Com Ltd.

– Adobe Inc ($NASDAQ:ADBE)

Adobe Inc. is an American multinational computer software company headquartered in San Jose, California. The company has a market cap of 153.82B as of 2022 and a ROE of 26.76%. Adobe Inc. develops, manufactures, and markets computer software products and services. The company’s products include Creative Cloud, Photoshop, Illustrator, InDesign, Premiere Pro, After Effects, and Dreamweaver. Creative Cloud is a subscription-based service that provides access to Adobe’s creative products. Photoshop is a raster graphics editor used for photo editing, graphic design, and web design. Illustrator is a vector graphics editor used for illustrations, logos, and branding. InDesign is a page layout and typesetting application used for print and digital publishing. Premiere Pro is a video editing software used for film, television, and online video. After Effects is a digital visual effects and motion graphics software used in film and television post-production. Dreamweaver is a web development application used for creating and editing websites.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of $1.8 trillion and a ROE of 31.9%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.

– Monday.Com Ltd ($NASDAQ:MNDY)

Monday.com Ltd is a publicly traded company with a market capitalization of 4.36 billion as of 2022. The company has a return on equity of -16.81%. Monday.com Ltd is a provider of enterprise software solutions. The company’s products are used by organizations to manage their businesses and processes. Monday.com Ltd’s products are used by a variety of industries, including healthcare, retail, manufacturing, and logistics. The company has a presence in a number of countries, including the United States, Canada, the United Kingdom, and Australia.

Summary

DOCUSIGN Inc. reported solid financial results for its third quarter of fiscal 2021. The company beat estimates on both revenue and earnings. DOCUSIGN also issued strong guidance for the next quarter and fiscal year 2021. DOCUSIGN’s fundamentals remain strong and investors should consider buying the stock at current levels.